CITIBANK (China) Co Ltd yesterday teamed up with BlackRock Merrill Lynch Investment Managers to launch 11 funds under the qualified domestic institutional investors scheme, where clients' assets are pooled to invest overseas.

Citibank has launched the most QDII mutual fund products in China so far. Earlier this year it teamed up with Schroder Investment Management Ltd to offer QDII mutual funds. Citibank has launched 26 fund products under the QDII scheme so far.